Narryer Metals Limited (NYM) AI Stock Analysis

• Market Cap: N/A
• Dividend Yield: N/A
• Average Volume (3M): 351.57K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.59
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: AU
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): N/A
• Shares Outstanding: 176,054,810
• 10 Day Avg. Volume: 369,836
• 30 Day Avg. Volume: 351,570
• PEG Ratio: 0.04
• Price to Book (P/B): 2.30
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -3.30
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 43 Neutral
• Price Target: AU$0.02 ▼(-26.67% Downside)
• Action: Reiterated Date: 02/03/26
• Date: Action: Reiterated 02/03/26

Overall score is pressured primarily by weak financial performance (no revenue, continued losses, and negative free cash flow) and bearish technical signals (below major moving averages with negative MACD and low RSI). Limited valuation inputs (no P/E or dividend yield provided) prevent a stronger valuation-driven offset.

Positive Factors

Low Leverage

A zero-debt balance sheet materially reduces financial risk and preserves flexibility for an exploration company. With minimal interest obligations the firm can allocate capital to drilling or project definition, extending runway and lowering insolvency risk during multi-year resource development.

Improving Loss Profile

Material improvement in annual net loss and operating outflow signals management is cutting costs or improving operational efficiency. If sustained, this trend reduces future funding needs, stretches cash runway and increases the odds that exploration progress can be financed without immediate dilution.

Strategic REE Focus

Dedicated focus on rare earth element exploration targets a strategically important commodity class. For a developer, proving economically viable REE mineralisation can create long-term project optionality and attract strategic partners or financing aligned with supply-chain or critical-minerals priorities.

Negative Factors

No Revenue

Absence of operating revenue means the company has not yet demonstrated commercial economics, making project viability speculative. Over the medium term this forces continued reliance on capital markets for exploration funding and delays path to internally generated funding should resources be proven.

Negative Cash Flow

Ongoing operating and free cash flow deficits indicate persistent cash burn, requiring external funding to support exploration. Worsening free cash flow magnifies financing frequency and dilution risk, constraining execution of multi-year programs without partner funding or capital raises.

Poor Profitability & Equity Volatility

Deep negative ROE and equity volatility reflect that invested capital has not generated returns and that funding has fluctuated. This undermines investor confidence, can raise the cost of future capital, and increases the risk that financing terms will be dilutive or restrictive during critical development phases.

Narryer Metals Limited Business Overview & Revenue Model

Company Description

Narryer Metals Limited operates as an exploration company in Australia. It focuses on the discovery of nickel, copper, platinum group element, rare earth element, and gold deposits. The company holds interests in the Narryer projects, which covers approximately 1900 square kilometers located in Mt Nairn and Mt Gould, Western Australia; and Gawler Craton projects that comprises four exploration tenements covering an area of approximately 2000 square kilometers located in Ceduna and Sturt, South Australia. Narryer Metals Limited was incorporated in 2021 and is based in West Perth, Australia.

How the Company Makes Money

Narryer Metals Limited makes money primarily through the exploration and development of mineral resources, with a focus on precious metals like gold. The company generates revenue by selling the rights to these mineral resources, entering into joint ventures with larger mining companies, or advancing projects to production and selling the extracted minerals. Key revenue streams include exploration agreements, royalty arrangements, and partnerships with other companies in the mining sector. Factors contributing to its earnings include successful identification of high-potential mining sites, efficient project management, and maintaining strong relationships with industry partners.

Narryer Metals Limited Financial Statement Overview

Summary

Financial profile remains weak due to no revenue reported (2021–2025), persistent losses, and ongoing cash burn. Positives include a very low-debt balance sheet and improved FY2025 net loss and operating cash outflow versus FY2024, but overall fundamentals are still constrained by the absence of operating scale and negative free cash flow.

Income Statement

The company has reported no revenue across the available annual periods (2021–2025), which limits operating scale and makes margin trends uninformative. Losses are persistent, though FY2025 net loss (-1.65M) improved materially versus FY2024 (-3.81M), signaling some cost reduction. Overall, the income profile remains weak due to the absence of revenue and continued negative earnings.

Balance Sheet

Leverage is very low (total debt is 0 in recent years), which reduces financial risk and provides balance sheet flexibility. However, profitability is poor, with consistently negative returns on equity (FY2025 roughly -70%), indicating capital is not yet generating returns. Equity has also been volatile (higher in FY2022, lower thereafter), suggesting funding and valuation swings typical of early-stage resource names.

Cash Flow

Cash generation is weak, with consistently negative operating cash flow and negative free cash flow, indicating ongoing cash burn to fund operations and investment. FY2025 operating cash outflow (-1.63M) improved versus FY2024 (-2.50M), but free cash flow still deteriorated year-over-year (about -24% growth). Cash flow quality is constrained by the lack of revenue, keeping the company dependent on external funding over time.

Breakdown	Jun 2025	Jun 2024	Jun 2023	Jun 2022	Jun 2021
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00
Gross Profit	0.00	0.00	0.00	0.00	0.00
EBITDA	-1.34M	-2.32M	-247.84K	-3.03M	-3.66K
Net Income	-1.65M	-3.81M	-2.96M	-3.03M	-13.70K
Balance Sheet
Total Assets	2.75M	2.10M	1.54M	4.41M	5.34M
Cash, Cash Equivalents and Short-Term Investments	1.55M	687.38K	1.10M	3.91M	4.95M
Total Debt	0.00	0.00	0.00	0.00	107.40K
Total Liabilities	156.90K	337.90K	238.99K	176.38K	14.17K
Stockholders Equity	2.34M	1.48M	1.30M	4.24M	5.32M
Cash Flow
Free Cash Flow	-1.64M	-2.68M	-2.81M	-1.23M	0.00
Operating Cash Flow	-1.63M	-2.50M	-2.80M	-1.23M	0.00
Investing Cash Flow	-3.87K	-182.73K	-9.68K	0.00	0.00
Financing Cash Flow	2.50M	2.27M	0.00	5.14M	0.00

Narryer Metals Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.03
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:NYM, the sentiment is Negative. The current price of 0.03 is above the 20-day moving average (MA) of 0.02, above the 50-day MA of 0.03, and below the 200-day MA of 0.04, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 17.09 is Positive, neither overbought nor oversold. The STOCH value of -42.86 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:NYM.

Narryer Metals Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
AIV	47 Neutral	AU$5.44M	-1.45	-38.30%	―	―	61.60%
KLR	45 Neutral	AU$21.37M	-3,062.78	―	―	―	―
OKJ	44 Neutral	AU$5.67M	-3.45	-38.56%	―	―	21.62%
NYM	43 Neutral	―	-3.27	―	―	―	―
SLZ	43 Neutral	AU$7.61M	-0.24	-78.12%	―	―	-349.06%
PRL	38 Underperform	AU$4.73M	-5.00	-26.98%	―	―	4.35%

Narryer Metals Limited Corporate Events

Narryer Metals Advances Critical Minerals Portfolio With New Targets and Strong Metallurgical Results

Narryer Metals Limited reported progress in the December 2025 quarter highlighted by the definition of a conceptual exploration target at its Rocky Gully Project, covering scandium oxide, total rare earth oxides and gallium oxide, and by promising metallurgical testwork showing that biodegradable methanesulfonic acid can extract key magnet rare earths from clay-hosted mineralisation at rates comparable to conventional hydrochloric acid. The company also announced strong drilling results at the Muckanippie heavy mineral project, commenced drilling to define a maiden resource at the Rosewood prospect, advanced mineralogical and metallurgical studies, and prepared for fieldwork at its Fran Project in Canada, collectively reinforcing its strategy to build a portfolio of low-cost, infrastructure-advantaged critical minerals projects at a time of heightened demand driven in part by Chinese export restrictions.

The most recent analyst rating on (AU:NYM) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on Narryer Metals Limited stock, see the AU:NYM Stock Forecast page.

PTR Minerals’ Rosewood Drilling Confirms Scale as Maiden Titanium Resource Nears

PTR Minerals has reported a new batch of strong heavy mineral assay results from 47 air core drill holes at its Rosewood Titanium Project in South Australia, with multiple thick, high-grade intercepts that reinforce the continuity and scale potential of the mineralised system at Rosewood East. The company remains on track to deliver a maiden JORC Mineral Resource Estimate in the June quarter of 2026 and is targeting an Indicated category resource, while parallel metallurgical work has produced high-quality heavy mineral concentrate with high recoveries using conventional gravity processing and ongoing mineral separation tests are confirming the ability to generate low-impurity, high-grade titanium products; in addition, PTR is advancing processing optimisation studies, including bulk sampling, plant design and cost estimates, and progressing environmental, infrastructure and stakeholder assessments, collectively moving the project closer to potential development and strengthening its positioning in the titanium feedstock market.

The most recent analyst rating on (AU:NYM) stock is a Hold with a A$0.04 price target. To see the full list of analyst forecasts on Narryer Metals Limited stock, see the AU:NYM Stock Forecast page.

PTR Minerals Confirms Consistent High-Grade Titanium at Rosewood Ahead of Maiden Resource

PTR Minerals has completed its maiden resource drilling program at the Rosewood project in South Australia, drilling 446 air core holes over 9,388 metres across an area of about 40 square kilometres, including both the wholly owned Rosewood East and the joint-venture Rosewood West tenements. Early assay results from the first 17 holes show consistent, thick intervals of high-grade heavy mineral, including multiple intercepts above 10% heavy mineral content, and the company has begun assaying and resource modelling with a maiden JORC Mineral Resource, potentially up to Indicated status at Rosewood East, targeted for release in the second quarter of 2026, underpinning the project’s potential to deliver significant high-grade tonnages and strengthening PTR’s position in titanium-rich mineral sands development.

Narryer Metals Updates on Directors’ Interests and Compliance

Narryer Metals Limited announced a change in directors’ interests, specifically the issuance of performance rights to directors Richard Bevan, Phil Warren, and Gavin England, as approved at the company’s recent Annual General Meeting. The company also addressed an administrative oversight regarding unlisted options held by Mr. England that expired unexercised, emphasizing that no trading occurred and that their compliance practices are adequate.

Narryer Metals Limited Issues New Performance Rights to Boost Operations

Narryer Metals Limited announced the issuance of unquoted equity securities, specifically Class A, B, and C Performance Rights, totaling 4,250,000 units. This strategic move is likely aimed at strengthening the company’s financial position and incentivizing performance, which could have significant implications for its operational growth and market competitiveness.

Narryer Metals Limited Successfully Passes All AGM Resolutions

Narryer Metals Limited announced that all resolutions put forward at their Annual General Meeting held on November 28, 2025, were successfully passed. Key resolutions included the adoption of the Remuneration Report, the re-election of Director Gavin England, and the approval to issue performance rights to key personnel. This outcome reflects strong shareholder support and positions the company to continue its strategic initiatives with renewed leadership and incentive structures.

Narryer Metals Limited Reaffirms Exploration Project Integrity

Narryer Metals Limited has released a presentation concerning its ongoing exploration projects, including the Rocky Gully and Canadian Projects. The company confirms that there are no new material changes to previous announcements and maintains the integrity of its exploration results. This announcement underscores Narryer’s commitment to transparency and adherence to industry standards, potentially reinforcing stakeholder confidence in its operations.

Narryer Metals Advances Exploration at Rocky Gully Project

Narryer Metals Limited has announced progress in its Rocky Gully Project, located in Western Australia, with plans for further exploration and drilling to establish a maiden resource. The project targets scandium, rare earth elements, and gallium, with recent positive metallurgical results boosting confidence in the viability of the project. The company has identified exploration targets for these minerals and plans to commence a new drilling program to further assess the project’s potential, which could enhance its positioning in the critical minerals sector.